Railway PSU stocks derailed! RVNL, IRFC, IRCON, RITES to IRCTC down 40% in yr- What went wrong? Experts explain

Railway PSU stocks have experienced a significant drop, with companies like RVNL, IRFC, IRCON, RITES, and IRCTC losing up to 40% of their value in the past year. Experts attribute this decline to slowing growth, squeezed margins, and weak order conversion, despite a record capital outlay of ₹2.93 lakh crore in FY27.